BSE, NBCC Forgings among 5 stocks with long buildup
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Trend Tracker
A long buildup occurs when both open interest (OI) and trading volumes rise alongside an increase in the underlying stock price, signaling a bullish trend in the Futures and Options segment. In Wednesday's trading session, five stocks witnessed fresh long positions. Here's the list:
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BSE
OI change on February 19: 10.13%
Change in stock price: 5.53%
Change in stock price: 5.53%
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HFCL
OI change on February 19: 2.34%
Change in stock price: 3.81%
Change in stock price: 3.81%
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Union Bank of India
OI change on February 19: 1.65%
Change in stock price: 3.89%
Change in stock price: 3.89%
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RBL Bank
OI change on February 19: 0.97%
Change in stock price: 3.76%
Change in stock price: 3.76%
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NBCC
OI change on February 19: 0.46%
Change in stock price: 4.32%
Change in stock price: 4.32%